(Valor Economico) June 3, 2011 – Three fund managers, Gavea, Vinci and Kinea, completed the purchase of a 47.2% share of Brazilian company Unidas, which specializes in fleet management and the leasing of vehicles.
The total investment will be R$300M (approx. US$189M), with each fund contributing R$100M (approx. US$63M). Portuguese group, SAG, will maintain its majority stake in the company.
Unidas has had financial difficulties since the 2008 economic crisis.
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